Wealth and Asset Management
Reuss Private pays no dividends despite 27% rise in net income
Reuss Private Group’s net income rose 26.5% to CHF 25.96m. Ebitda increased 16% to CHF 3.13m, the firm announced on Friday. Fixed income performed particularly well, with the division’s gross income increasing 150% to CHF 6.37m. Assets under management soared 37.4% to CHF 7.66bn and assets under administration increased 14.4%…
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